Wavema

BTC 14th july

Short
Wavema Updated   
BITMEX:XBTUSD.P   Bitcoin
On the left 2018
on the right, now
2018: I' found this double top pattern. We see a nice oversold on 4h chart. S/R levels are reliable
2019 The first spike was a fomo spike, as we see often on low TF. 4h oversold start. S/R levels are reliable too.

Don't get trapped ! The 9.8k support can break. Not in 4h. but it can break. Trade safe.

And see how the chart develop.
Comment:
It will not happen in a few hours, so, don't panic ! It will take a few days, and it will fight here before. And may be the market will choose another direction
Trade active:
Target 9 800 reached ! perfect.
Trade closed: target reached
Comment:
my target was 10600. I sold near 10 550
Comment:
My chart is still valid !
Comment:
Now, be care. The fractal will not be the same now. I'm not sure at all it's going up really now
Comment:
May be that ?
Comment:
possible bearflag
Comment:
+1 :)
Comment:
All the potential target 7k it would be nice...
Comment:
8 600 and 7 100 would be my favorites target
Comment:
Nice ! :)
Comment:
And... It shake lol
Comment:
There is a chance for a move up now
Comment:
+1 Perfect !
Comment:
bigger picture :
Comment:
perfect ! Now... bounce or not ?
Comment:
Target reached a second time. I don t know if this trend wall will be broken or not. I ve sold. May be I ll rebuy above ? I wait a pattern. Something bull or bear
Comment:
Time to prepare a short trade probably
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.